Who Is Responsible For Establishing Auditing Standards For Audits Of US Public Companies Who Is Responsible For Establishing Auditing Standards For US Private Companies Explain?

Who Is Responsible For Establishing Auditing Standards For Audits Of US Public Companies Who Is Responsible For Establishing Auditing Standards For US Private Companies Explain? Explain. 2-5 The PCAOB has responsibility for establishing auditing standards for U.S. public companies, while the Auditing Standards Board (ASB) of the AICPA establishes auditing standards for U.S. private companies.